CBRE is pleased to offer for sale the 100% fee simple interest in 2260-2268 Broadway (the “Property”), four fully leased retail condominium units at the base of 219 West 81st Street, a 12-story prewar building on the northeast corner of Broadway and West 81st Street on the Upper West Side. The Property comprises approximately 7,954 square feet of ground-floor retail with ~103 feet of frontage on Broadway, along with approximately 359 square feet of mezzanine and 3,501 square feet of below-grade space per the condominium declaration.
The Property is leased to three tenants: Bank of America, Cedra Pharmacy, and Dunkin’. The rent roll carries a weighted average remaining lease term of approximately 8.6 years, with no expirations before 2031.
Bank of America, N.A. carries credit ratings of Aa2 (Moody’s), A+ (S&P), and AA (Fitch), providing investment-grade income across the majority of the Property’s ground floor. The balance of the tenancy - a national quick-service brand with more than 14,000 locations and an established specialty pharmacy - consists of service-oriented, internet-resistant uses that draw consistent daily traffic.
The Property occupies one of the strongest retail corners in the West 80s, a stretch of Broadway supported by dense, high-income residential demand and steps from the 79th Street 1 train. The offering presents investors with long-term, credit-backed cash flow and an irreplaceable corner location in one of Manhattan’s most established neighborhoods.